EVER - Evergold Corp says Magnetic Survey identifies new large target at DEM Property
(NewsDirect)
Evergold Corp's CEO Kevin Keoughjoined Steve Darling from Proactive to provide and update regardingrecent developments on the DEM property in central BritishColumbia.
He announced thecompletion of a high-resolution heliborne magnetic survey, whichrevealed a significant new target, designated as DEM2. This newlyidentified target shares similarities in scale and geophysicalcharacteristics with the DEM1 porphyry prospect.
According to Keough, DEM2 is situatedapproximately 4 kilometers southeast of the DEM1 target, separated bya granitic intrusion. The decision to conduct the survey followed asuccessful 3-hole reconnaissance drill program carried out late lastyear on the DEM1 prospect.
Thisprogram targeted a multi-element geochemical anomaly in soilsoverlaying strong magnetic, IP chargeability, and resistivityanomalies.
The company plans toprovide further details on its plans for the 2024 field season, whichmay include drilling activities to follow up on the results obtainedfrom the previous drill program conducted last fall. This demonstratesEvergold Corp's commitment to advancing exploration efforts andpotentially unlocking the mineral potential of the DEM property.
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